Stock futures pointed to a higher start on Wall Street on Tuesday, with futures for the S&P up 0.4 percent, Dow Jones futures up 0.2 percent and Nasdaq 100 futures up 0.1
General Motors Corp (GMGMQ.PK) is heading to bankruptcy court on Tuesday to seek approval to sell its assets to a "New GM" in a plan to reinvigorate the automaker under U.S. government
European shares rose for a second straight session on Tuesday and were on track to post the biggest quarterly rise since late 1999, with banks advancing and commodity shares tracking higher crude
There needs to be a radical simplification of some banking group structures and more information given to the central bank about how banks would fund themselves in an emergency, Bank of England
Industrial production fell sharply in May, according to the latest figures from the Statistical Service. The index of industrial production for April 2009 reached 92.8 (base 2005=100), recording a decrease of 10.9%
Revenue from tourism tumbled even further than arrivals in May, falling by 17.3% over the year earlier to EUR 158.1 mln, compared with EUR 191.3 mln in the corresponding month of the
The British economy contracted at a much sharper pace than initially thought and at its fastest rate in more than 50 years in the first three months of this year, official data
Asian stocks rose on Tuesday, the last day of a torrid quarter, as investors added to trades based on a rebound in economic activity, while funds slashed bets against a fall in
Russian Ministry of Foreign Affairs has stressed the common positions of Russia and Cyprus as regards the settlement of the Cyprus question and the high level of their bilateral cooperation in a
EU's Quarterly Report on the Euro Area estimates that the fiscal deficit in Cyprus for 2009 will reach 1.9% of GDP. According to the report, the deficit in Cyprus will rise to
